| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.1B | $3.8B | 0.9% | 8.0% |
| Op. Income | $525M | $125M | $639M | 320.0% | -17.8% |
| Gross Margin | 36.4% | 34.9% | 40.2% | 1.5pp | -3.7pp |
| Net Margin | 9.4% | 15.5% | 10.7% | -6.0pp | -1.3pp |
| EPS (Diluted) | $0.32 | $0.53 | $0.34 | -38.5% | -3.3% |
| Free Cash Flow | -$427M | $1.9B | $1.2B | -122.7% | -135.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $827M |
| Other Expenses | $149M |
| Operating Expenses | $976M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $525M |
| Interest Income | $463M |
| Interest Expense | $137M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $536M |
| Income Tax Expense | $133M |
| Net Income from Continuing Ops | $403M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $388M |
| D&A | $497M |
| EBIT | $414M |
| EBITDA | $911M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $827M |
| Other Expenses | $149M |
| Operating Expenses | $976M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $525M |
| Interest Income | $463M |
| Interest Expense | $137M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $536M |
| Income Tax Expense | $133M |
| Net Income from Continuing Ops | $403M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $388M |
| D&A | $497M |
| EBIT | $414M |
| EBITDA | $911M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $388M |
| Depreciation & Amortization | $497M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $638M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | -$320M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | -$173M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $251M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$349M |
| Other Financing Activities | -$118M |
| NET CASH FROM FINANCING | $863M |
| FREE CASH FLOW | -$427M |
| Net Change in Cash | -$607M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $27M |
| Net Receivables | $33.9B |
| Inventory | $918M |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $42.0B |
| PP&E (Net) | $5.1B |
| Goodwill | $3.3B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $23.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $49.6B |
| TOTAL ASSETS | $91.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $29.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32.6B |
| TOTAL NON-CURRENT LIABILITIES | $62.1B |
| TOTAL LIABILITIES | $70.3B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $18.3B |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | $127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.6B |
| Minority Interest | $692M |
| TOTAL EQUITY | $21.3B |
| TOTAL LIABILITIES & EQUITY | $91.6B |
| Total Debt | $33.3B |
| Net Debt | $27.9B |
